Britain will get a nuclear power station. French
energy giant EDF's board gave the go-ahead to the building of a
controversial nuclear power station in Britain which has faced
fierce criticism
over its £18 billion price tag.

The IMF didn't handle the euro crisis well. An
independent probe into the IMF's handling of European bailouts
found that it bent its rules and was vulnerable to political
pressure as it embarked
on the ill-fated 2010 Greece rescue.

Volkswagen is back on top. Toyota Motor reported
a drop in first-half vehicle sales on Thursday following a series
of production stoppages, falling behind Volkswagen which became
the world's top-selling carmaker in the first six months
of 2016 despite its emissions scandal.

The fight against drug resistance is
intensifying. US and British health officials have
created a new alliance with a budget of hundreds of millions of
dollars to accelerate the development of new antibiotics
and tackle the growing problem of drug resistance.

Tesla got a boost. Fidelity's OTC Portfolio, a
top investor in Tesla Motors, gave the electric car maker a vote
of confidence in its latest commentary, saying it boosted its
position in the
company during the second quarter.